WMI Sets Date, Time for Second Quarter Financial Release

Houston -- Waste Management Inc. (WMI) has scheduled a conference call for Aug. 5 to discuss second quarter 2003 financial results. The results will be available on the company’s Web site,

www.wm.com

, before the opening of the market Aug. 5. The conference call is scheduled for 9 a.m. to 10 a.m. Central time, and may be accessed by calling the conference call operator at (877) 710-6139 five to 10 minutes prior to the start time. Ask for the Waste Management conference call, ID No. 1101575. The conference also will be broadcast live over the Internet on WMI’s Web site.